The McIlvaine Company has been making predictions about the valve markets for decades. The political winds have been of minor importance. The big variables have been in economics. The new reality is that political forces will shape the AWE market in the coming years in an unprecedented way. If the winds are favorable there will be 2 billion more people in 2050 and global GDP will be twice that of today. The valve revenues could be $200 billion. The requisite value would also be $200 billion. In other words, with competition, the lowest cost of ownership products will be purchased.